Executive Confirms: Nasdaq Plans to Launch Bitcoin Futures in First Half of 2019

Abstract : Joseph Christinat, Vice President of Nasdaq’s media team,confirms that Bitcoin futures will be launched in the first half of next year, and Nasdaq is waiting for CFTC's approval.


Dec 05

 “Bitcoin futures will be listed and it should launch in the first half of next year, we’re just waiting for the go ahead from the CFTC but there’s been enough work put into this to make that academic,” Joseph Christinat, Vice President of Nasdaq’s media team, told U.K.’s news media Express.

Christinat stressed Nasdaq has been working on Bitcoin futures for most of 2018, and has kept an eye on cryptocurrency for years. Ha also said Nasdaq got into the blockchain field five years ago when the technology was just budding.

ChainDD noted that Christinat’s confirmation means that Nasdaq will become the third U.S. major exchanges that entering cryptocurrency market. In December,2017, two leading futures exchanges—the largest U.S options exchange Cboe and the largest futures exchange CME Group all introduced their bitcoin futures.

According to ChainDD’s previous news, Bloomberg sources revealed on November 28, 2018 that despite of cryptocurrencies’plunge, Nasdaq Inc. still plans to list its own Bitcoin future contracts in the first quarter of 2019, and before trading such new products, it has been working to mitigate concerns of the U.S. financial derivatives regulator, the Commodity Futures Trading Commission (CFTC).

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